Business

NMDPRA urges Africa to adopt regional fuel pricing

  • 30th July 2026

Seplat sells 10% JV stake to NNPCL for

  • 30th July 2026

BREAKING: Femi Otedola acquires ₦222.20bn First HoldCo shares

  • 30th July 2026

World Bank warns Nigeria risks missing AI revolution

  • 30th July 2026

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Spain rejects emergency declaration despite migrant surge from Morocco 

Business

NMDPRA urges Africa to adopt regional fuel pricing benchmark

Business

Seplat sells 10% JV stake to NNPCL for $281.6m

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Resident doctors declare indefinite nationwide strike from August 10

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Technology

South Africa withdraws AI policy over fake reference sources

South Africa’s Minister of Communications and Digital Technologies, Solly Malatsi, has withdrawn the country’s Draft National Artificial Intelligence Policy after it was discovered that the document contained fictitious sources in its reference list. The minister disclosed this in a statement posted on his X handle on Sunday. He described the lapse as a serious breach […]

Business

South Africa withdraws draft AI policy over fake references

South Africa’s Minister of Communications and Digital Technologies, Solly Malatsi, has withdrawn the Draft National Artificial Intelligence Policy after fictitious sources were discovered in the document’s reference list. The minister announced the decision in a statement shared on his X account on Sunday. He said the lapse constituted a serious breach that compromised the integrity […]

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Conferences

NGX Group to hold 65th annual meeting April 29 in Lagos

Nigerian Exchange Group Plc will hold its Sixty-Fifth Annual General Meeting on Wednesday, April 29, 2026, at 11:00 a.m. at its corporate head office, 2–4 Customs Street, Lagos. Nairametrics reported that according to the notice, shareholders will consider and, if deemed fit, approve the company’s audited financial statements for the year ended December 31, 2025, […]

Nigeria's FX reserves hits three-month peak
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Nigeria’s external reserves drop $731m in three weeks

Nigeria’s external reserves declined by about $731 million within the first three weeks of April 2026, reflecting continued pressure on the country’s foreign exchange buffers. Data from the Central Bank of Nigeria shows reserves fell from $49.18 billion on April 1 to $48.45 billion as of April 23, representing an average weekly decline of about […]

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ICYMI: Why NNPC refineries will never work — Obasanjo

As the Nigerian National Petroleum Company Limited continues its search for technical partners to operate the Port Harcourt, Warri, and Kaduna refineries, former President Olusegun Obasanjo has once again insisted that the facilities will never work. Obasanjo spoke during a television interview aired on Saturday night by Sony Irabor Live, which was monitored by our […]

Aviation featured

Aviation fuel: Domestic airlines threaten Thursday shutdown

There are strong indications that domestic airlines in Nigeria may halt operations from Thursday, April 30, 2026, over what operators described as unbearable and unsustainable aviation fuel prices, raising fresh fears of widespread travel disruption across the country. The PUNCH reported that industry insiders say the airlines, having engaged both the Federal Government and oil […]

News

Third Nigerian dies in UK this April at workplace

For the third time in April, a Nigerian, Ademola Oke, has died after being found unresponsive at his workplace in the United Kingdom. This is just as the family appealed for public support following his sudden death. The PUNCH reported on Sunday from a support appeal published by a close family friend, Adejonwo Odutola, on […]

Oil and Gas

Oil prices climb as US-Iran peace talks stall again

Oil prices rose on Monday while stocks were mixed, with the United States and Iran no closer to ending their eight-week-old war after Donald Trump cancelled his envoys’ trip for peace talks over the weekend. Hopes that the two sides could make progress during negotiations in Pakistan were dashed Saturday by the US president, who […]

Transcorp hotels posts 60% revenue rise, declares interim dividend
Banking

UBA assets hit ₦33tn as Q1 earnings rise 5%

United Bank for Africa Plc has sustained its growth trajectory, with total assets crossing the N33 trillion mark and maintaining momentum into the first quarter of 2026, following strong growth in earnings in Full Year 2025 and Q1’26. The bank’s unaudited results for the first quarter ended March 31, 2026, showed that total assets stood […]

Stock investors gain N3.4tn in shortened trading week
Finance

NGX hits record high as banking stocks drive market gains

The stock market extended its bullish run for the fourth consecutive week, supported by sustained investor interest in Banking and Industrial Goods stocks. Trading last week on the Nigerian Exchange Limited showed that market participants digested the first wave of the first quarter, Q1’26 earnings reports across the Consumer Goods, Cement, and Hospitality sectors. Precisely, […]

Business

Obasanjo insists Port Harcourt, Warri, Kaduna refineries won’t work

As the Nigerian National Petroleum Company Limited presses ahead with efforts to secure technical partners for the Port Harcourt, Warri, and Kaduna refineries, former President Olusegun Obasanjo has reiterated his longstanding position that the facilities will not function effectively. Obasanjo made the remarks during a television interview broadcast on Saturday night on Sony Irabor Live. […]

Aviation featured

Flight disruptions loom as ground handlers issue ultimatum over unpaid debts

A fresh crisis is unfolding in Nigeria’s aviation industry as ground handling companies threaten to suspend services over a debt exceeding N9bn owed by domestic airlines, sparking concerns about possible widespread flight disruptions from Tuesday. The impending showdown follows a seven-day ultimatum issued by the Aviation Ground Handlers Association of Nigeria, raising the risk of […]

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